Part two During the period from 2016 to 2024 when the Philippines was represented in the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR), the Securities and Exchange Commission (SEC) garnered several awards from this United Nations (UN) organization.
During the period from 2016 to 2024 when the Philippines was represented in the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting , the Securities and Exchange Commission garnered several awards from this United Nations organization. The SEC was honored multiple times by the ISAR, which awarded the ISAR Honors three times to the SEC in its headquarters in Palais des Nations in Geneva, Switzerland.
2019: The SEC was recognized for mandating sustainability and Sustainable Development Goals reporting for publicly listed companies. This initiative required publicly listed companies to disclose their environmental, social, and governance practices, aligning corporate reporting with global sustainability standards.
2024: The SEC was honored last year for its Small and Medium Industries and Large Enterprises Embracing Sustainability Roadshow. This multi-year initiative, conducted in collaboration with the United Nations Development Program and funded by the government of Canada, targeted key regions in the Philippines to raise awareness and build capacity among small, medium, and large enterprises on sustainability reporting practices.
As mentioned in my article last week, I was appointed as the first Filipino to represent the Philippines in ISAR for two consecutive terms from 2016 to 2021. Then Ambassador and currently Department of Foreign Affairs Secretary Enrique Manalo took over as the Philippine representative to ISAR, with his term ending on December 31, 2024.
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